Data Portal @ linkeddatafragments.org

DBpedia 2014

Search DBpedia 2014 by triple pattern

Matches in DBpedia 2014 for { ?s ?p The economy of Cuba is a largely centrally planned economy dominated by state-run enterprises overseen by the Cuban government, though there remains significant foreign investment and personal enterprise in Cuba. Most of the means of production are owned and run by the government, and most of the labor force is employed by the state, although in recent years, the formation of cooperatives and self-employment has been encouraged by the Communist Party.In the year 2000, public sector employment was 76% and personal sector employment was 23% compared to the 1981 ratio of 91% to 8%. Capital investment is restricted and requires approval by the government. The Cuban government sets most prices and rations goods to citizens. In 2009, Cuba ranked 51st out of 182 with an HDI of 0.863; remarkably high considering its GDP per capita only places it 95th. Public services and transport in Cuba, however, are second-rate compared to more developed counterparts on the mainland. The country's public debt in 2012 was measured at 35.3% of GDP. At the same time, inflation (CDP) was ranked at 5.5%. Furthermore, in the same year, the economy encountered a 3% growth in GDP.In the 1950s, Cuba had a vibrant but extremely unequal economy, with large capital outflows to foreign investors. The country compared favourably with Spain and Portugal on socioeconomic measures. Furthermore, its income in 1929 was reportedly 41% of the US, thus higher than in some Southern states of the US, such as Mississippi and South Carolina The country has made significant progress towards a more even distribution of income since the Revolution and being placed under economic embargo by the United States. Following the collapse of the Soviet Union, Cuba's GDP declined by 33% between 1990 and 1993, partially due to loss of Soviet subsidies, and partly due to a crash in sugar prices in the early 1990s. Yet Cuba has managed to retain high levels of healthcare and education.Cubans receive low housing and transportation costs, free education, and health care and food subsidies. Corruption is common, though allegedly lower than in most other countries in Latin America. However, in their book, Corruption in Cuba, Sergio Diaz-Briquets and Jorge F. Pérez-López Servando state that Cuba has "institutionalized" corruption and that state-run monopolies, cronyism, and lack of accountability have made Cuba one of the world's most corrupt states".. }

Showing items 1 to 1 of 1 with 100 items per page.